610 sats \ 11 replies \ @DarthCoin 31 May 2023 \ on: Taproot Assets: Good or Bad? bitcoin
And why people think that this will fix something?
What is that "problem" with onchain? I do not see any problem onchain. Onchain works as it was designed.
Are some other new improvements to be done onchain? YES, but have patience guys, these changes are not done in few days. Any changes onchain must be weight very carefully not to break things. Don't me wrong, I am not against changes onchain, I just want that to be carefully implemented and discussed, analyzed.
People have a wrong perception and understanding about what really is TARO or for what purpose was created. They immediately jump into conclusion that "will fix x and y problem".. IT IS NOT.
Taro, aka TapAss, is designed to be used by corporations, companies, financial institutions, rentals or whatever other financial entity that need/want to issue digital assets and trade or use them for their financial instruments.
Here we can say: a corporation like Microstrategy that wants to issue bonds or shares and want to trade them in a decentralized way or move them between owners, without going to legacy financial systems.
TapAss is not for the plebs to go and buy a coffee! Or will fix your shity node liquidity or will speed up your onchain opening channels etc... Stop thinking about that!
TapAss DOESN'T SOLVE ANYTHING that could be broken. It just create a new friction.
And please think again about this meme...
https://i.postimg.cc/sXmH6BvR/vader-power-dark-side.jpg
Great meme! Very good points.
reply
Nowadays everybody wants to "fix bitcoin", did you notice?
Is like is having some kind of disease or something.
Bitcoin is just 14 years old, it is nothing, it barely started to walk.
LN is a 4 yrs old fucking baby that still suck his mother's milk.
WE ARE SOOO EARLY GUYS, have patience, learn how to use Bitcoin and help BTC and LN developers to build great apps, with feedback, testing, documentation, code etc.
Bitcoin and Lightning is not going ANYWHERE, no matter what some will think with their "fix"...
reply
We need focus in this! Better apps, code, feedback! :)
reply
I think maybe OP meant this could reduce ordinals usage? I haven't listened to the episode though.
reply
Not really. Shitcoiners will shitcoinize whatever will be available.
In the end the will shit on Bitcoin onchain, LN and Taro and if they can, will do it even on the same time.
Just to fuck around, because are IDIOTS.
So again, Taro will not fix anything because they will still use bitcoin blockchain until they will remain without money.
reply
Excellent points!
reply
deleted by author
reply
I'm not familiar with her. Can you give more context?
reply
She was at BTC 2023 Conf, she's the CEO of Lightning Labs.
https://www.youtube.com/watch?v=1XVALGHVKTY
reply
deleted by author
reply
Yes! Now I understand. That was a major point of the podcast I referenced. The analogy to telephone service being improved by running on the internet. Mallers was emphasizing that for a while too. The whole conduit thing for cross border payments, then switching to whatever fiat you choose at the other end.
reply